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Updated almost 11 years ago on . Most recent reply

User Stats

49
Posts
17
Votes
William Avery
  • Investor
  • Austin, TX
17
Votes |
49
Posts

Billboard tenant not paying late charge

William Avery
  • Investor
  • Austin, TX
Posted

I have a billboard tenant that consistently pays late and per the terms of the agreement I have been adding a late charge. Questions:

1) Is it ok to accept the rent payment without the late payment? Should I send the check back and explain that I don't accept partial payments?

2) What recourse do I have if they continue to ignore the late charge? Pay an attorney a few hundred dollars to try to collect a few dollars?

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